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Home Depot Executive Summary

490 Words2 Pages

Home Depot holds the dominant position in the U.S. home improvement industry, accounting for approximately 60% of all revenues. In November 2015, Home Depot acquired Interline Brands from 1.63 billion in cash (Orland, K., 2015). “The Jacksonville, Florida-based company markets and distributes products including Barnett pro contractor supplies and Wilmar janitorial equipment through 90 locations in the U.S., Canada and Puerto Rico” (Orland, 2015). Buying Interline is a huge boost to Home Depot’s efforts to sell more supplies to customers in the building and maintenance professions. The acquisition of Interline will allow Home Depot to continue to expand globally as well. The acquisition had helped the shareholders of Home Depot stock by …show more content…

These devices will help associates in conducting faster checkouts through “line busting,” locating products, checking inventory, and explaining product features” (Trefis Team, 2015). Through this technology the company believes that they can improve the customer satisfaction for their shopping experience and also increase the in-store Efficiency (Trefis Team, 2015). In late 2014, Home Depot declared the launch of “Home Depot Delivers” in select stores (Trefis Team, 2015). This new service will allow same-day shipping for all online orders placed before 5 p.m. in select areas (Trefis Team, 2015). To help Home Depot in achieving the goal of this launch, “they opened three new distribution fulfillment centers in California, Georgia, and Ohio, which would be ready for operations in 2015 (Trefis Team, 2015). These strategic decisions could give Home Depot a competitive edge to continue to help the organization in further growth in the coming years. I feel as though Home Depot has moved from the growth strategy in a lifecycle to more of the maturity stage strategy. They are working on improving the operations and production efficiencies with the opening of the three new distribution centers that are central located closer to their location that have the greatest impact on their

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